Posts by Alex Hazel
Electrifying the North Sea – Some Key Considerations
On page 19, Dave Moseley discusses the opportunities and challenges of electrification in the UK North Sea.
Read MoreEurope Q3 2023 M&A Quarterly | Deal activity stable, but opportunity pipeline continues to grow
Five deals were announced in Q3 2023, low compared to the nine announced in Q2, but in line with activity since Q1 2022. Four of…
Read MoreNorway M&A | Petrolia NOCO acquires Vår Energi’s Brage stake
Petrolia NOCO acquired Vår Energi’s 12.2575% interest in the Northern North Sea Brage field for an undisclosed consideration. Brage has net production of 1,000 boe/d…
Read MoreOslo-listed company boosts prospects for Nigeria offshore gas project
The market analyst Welligence Energy Analytics said the deal “consolidates PetroNor’s position and simplifies the JV partnership. This will facilitate quicker decision making as the…
Read MoreIthaca hits pause on West of Shetlands electrification
David Moseley, vice president for North Sea research at Welligence said pausing electrification efforts would be logical for Ithaca. “It seems likely that Ithaca will…
Read MoreWelligence Global Exploration Outlook | Offshore exploration drilling outlook
In this report, we analyse exploration drilling plans in Europe, Latin America, MENA, Sub-Saharan Africa and US Gulf of Mexico. We have a line of…
Read MoreWelligence North Sea Rumblings on the Ground | Challenges abound but opportunities aplenty
The Welligence team recently visited over 20 E&Ps and investors in Aberdeen, London, Oslo and Stavanger to discuss current and upcoming activity, market sentiment and…
Read MoreMontrose platform looks most likely option for Ithaca K2 discovery – analyst
In a post online, research group Welligence Energy Analytics said: “Commerciality has yet to be established, however, the Repsol-operated Montrose hub, 25km southwest, is arguably…
Read MoreTangguh 3 to boost Indonesia’s LNG exports from next month
The launch of the Abadi project “will help moderate Asian LNG prices from 2030 as regional LNG demand continues to grow while new supplies, particularly…
Read MoreIthaca Energy Strikes Hydrocarbons at UK North Sea Prospect
Welligence Energy Analytics said that the Repsol-operated Montrose hub, 25km southwest of K2, “is arguably the most likely tie-back host given Ithaca’s interest in both…
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